February 2012 Effective: April 2013 CARRIAGE MOBILE HOMES, INC. 366 North Broadway Route 94

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1 February 2012 Effective: April 2013 CARRIAGE MOBILE HOMES, INC. Billing Address Park Location 366 North Broadway Route 94 Suite Tess Drive Jericho, New York Lafayette, NJ (516) (973) FAX (516) FAX (973) RULES AND REGULATIONS THESE RULES AND REGULATIONS ARE INTENDED TO CONVEY TO YOU CERTAIN USEFUL INFORMATION ABOUT THE FACILITIES AND OBJECTIVES WHILE YOU ARE A TENANT OF CARRIAGE MOBILE HOMES. THEY ARE INTENDED FOR THE GENERAL WELFARE, SAFETY AND COMFORT OF ALL WHO RESIDE HERE. CARRIAGE MOBILE HOMES ASPIRES TO BE ONE OF THE FINEST MOBILE HOME COMMUNITIES IN THE REGION. LOCAL OFFICIALS AND AREA RESIDENTS TAKE PARTICULAR NOTE OF THE APPEARANCE OF COMMUNITIES SUCH AS OURS, AND CAREFULLY SCRUTINIZE THEIR CONDITION. WHEN YOU ARE ACCEPTED AS A TENANT, YOU ACCEPT THE OBLIGATION OF MAINTAINING YOUR HOME, SITE, AND COOPERATE WITH OUR POLICIES TO KEEP IT; CLEAN, SANITARY, ORDERLY AND BECOME AN ASSET TO THE COMMUNITY, AS WELL AS THE TOWNSHIP OF HAMPTON. YOU AGREE TO ABIDE BY THE LAWS OF THE STATE AND LOCAL GOVERNMENT. PLEASE EXAMINE CLOSELY - THESE RULES AND REGULATIONS CONTROL YOUR RIGHTS TO TENANCY IN THIS PARK AND ALSO YOUR RIGHTS IN THE EVENT OF EVICTION. IF YOU REFUSED, OR ARE NOT INCLINED TO EXECUTE A WRITTEN LEASE OFFERED BY THE MANAGEMENT, THESE RULES AND REGULATIONS ARE THEREIN THE REGULATORY CONTROL EXERCISED BY THE MANAGEMENT HEREOF, AND ARE BINDING UPON YOU, THE TENANT. DEFINITION: MANAGEMENT - is Carriage Mobile Homes Inc., a.k.a. Landlord. TENANT is Titled owner of mobile home, located on landlord's property, a.k.a. You. PARK - are the lands and property of Carriage Mobile Homes Inc. GENERALLY: 1. RENT: The rent provided for shall be paid in advance on the first day of each month at CARRIAGE MOBILE HOMES, INC., 366 North Broadway, Suite 407, Jericho, New York Payment shall be by money order. Management may agree, from time to time, to accept some other form of payment. Such acceptance does not waive any further rights to demand payment by money order. Management need not give notice to pay the rent. Rent must be paid in full and no amount subtracted from it. Tenant shall pay a late charge of Fifty Dollars ($50.00) or ten percent (10%) of monthly rent due, whichever is greater, if rent is not received in the New York office by the 5 th of the month. Late charges are ADDED RENT and are due and payable at the same time a late rent payment is made. The Tenant may be evicted for failure to pay rent within five (5) days after it is due. If a rent check is returned for any reason, there will be a fifty dollar ($50.00) charge as ADDED RENT. The Tenant shall pay his proportionate share of any increase in Management's taxes, licensing fees, assessments or other charges made by a governmental authority in excess of the amount being paid at the time of the lease date. Such increase shall be added to the yearly rent and be due and payable in full sixty (60) days after the notice has been given. Management shall have the option of arranging a monthly payment of such increases with the Tenant which shall be deemed ADDED RENT. The Tenants' proportionate share shall be determined by dividing the number of rent paying SITES, at the time of such increase, into the amount of such increase, as permitted by Hampton Township Rent Control Ordinance. Tenant Information Sheets are required to be completely filled out, signed and dated, yearly, or more often if necessary. Acceptance of other form of payment shall not change tenancy. Tenancy can only be changed by formal application and approved by Landlord. Tenant Information Sheets are required to be completely filled out, signed and dated, yearly, or more often if necessary. Tenant Information Forms must be completed in full and returned to the New York office within 30 days of receipt or with the next month s rent payment. Failure to return your Tenant Information Form will result in a $50.00 penalty that will be considered Added Rent. If you do not comply, you will be sent a Cease letter from our Attorney at a fee of $ and all additional legal fees incurred will be your responsibility. PROCESSING FEE: IF YOU MAKE YOUR MONTHLY RENT OR MORTGAGE PAYMENTS IN OUR NEW JERSEY OFFICE, YOU WILL BE CHARGED A $15.00 PROCESSING FEE.. 1A. IF THERE ARE CHANGES IN OCCUPANT(S), PET(S), TELEPHONE NUMBER(S), VEHICLES(S), LICENSE PLATE NUMBER(S), TRANSFER OF CERTIFICATE OF TITLE OF MOBILE HOME, ETC., THE NEW YORK OFFICE SHALL BE NOTIFIED IN WRITING WITHIN FIVE BUSINESS DAYS. 2. SITE: Rentals are on a month-to-month or lease basis. If a lease is not in effect, you will be a month-to-month Tenant and your tenancy may be terminated by you or management according to the applicable New Jersey State Law. In the event that the Tenant vacates during a monthly term, the rent for said month shall not be pro-rated. The home site is rented solely for residential living, in an approved manufactured home. The operation of any type of business or commercial establishment, wholesale, retail, or professional, is not permitted. The baby sitting of children or pets as a business is prohibited. Tenant shall not assign this agreement or sublet the premises, or rent rooms out. Removal of any plants or shrubs from a vacant lot or mobile home is prohibited. 1

2 3. MANAGEMENTS LIEN: Tenant hereby gives to Management a lien (i.e., legal claim) upon any and all property of the Tenant, including but not limited to any mobile home placed upon the leased space. This lien shall be effective as to the amount of any rent or utility charge due or other sums due owing by Tenant at any time during or under this lease or month to month tenancy. If Tenant shall default in the terms of this agreement. 4. SECURITY: Tenant will deposit with the Management one and one-half times one month's rent which the Management will deposit in an interest bearing account with the Beneficial Bank, Philadelphia, Pennsylvania Branch. Upon notice of moving, security shall be returned to leaser less any monies owed as per TRUTH IN RENTING signed into legislation. 5. MOVING OR CHANGE IN RESIDENCY: If planning to move out or make any change in residency, including but not limited to persons moving in or out, pets moving in or out, etc., Tenants should notify the Management in writing by certified mail thirty (30) days in advance, (Date by U.S. Post Office will determine mailing date). You must provide Carriage Mobile Homes with a forwarding address within 30 days prior to your moving out. We charge for services required to remove a mobile home or vacate premises. The professional services from licensed contractors are reimbursable to Carriage, i.e. Electrician, Plumber, etc. NEXT OF KIN: The next of kin is given 45 days to clean up and pay rent for a unit before it is sent to our Attorney to handle. 6. COMPLIANCE: In the event that the Tenant fails to observe the Rules and Regulations hereinafter set forth, the Tenant authorizes the Management to take such steps as are necessary to insure the Tenant's compliance and the cost of the same shall be a separate charge aside from the rent which the Tenant agrees to pay. The Tenant hereby agrees to provide the Management with reasonable counsel, court and legal fees in the event eviction is required. Any infraction of these rules which requires a NOTICE TO CEASE, NOTICE TO QUIT, DEMAND FOR POSSESSION, will be charged $30.00 per letter as Added Rent by Carriage Mobile Homes, Inc. If the above Notices are forwarded by our Attorney, the charge will be $ per letter, as Added Rent. Any additional legal fees incurred shall be billed as ADDED RENT. 7. ATTORNEY: In the event it is necessary for the Management to employ an Attorney to institute legal proceedings in order to enforce any of the conditions or covenants of the Lease, or the Rules and Regulations established by the Management, including the collection of rent or gaining of possession of the premises, Tenant agrees to pay, in addition to any unpaid rent, or other charges, all expenses so incurred by the Management, including costs of suit in accordance with the schedule set forth as follows: A. SUMMARY DISPOSSESS (Eviction) COMPLAINT 1. All actual costs expended by Management for each action which results in dismissal of the proceeding in the event of payment by the Tenant before the Court Date. 2. All actual costs expended by Management for each such action, which results in the entry of a Judgment of Possession, or a Consent Judgment for possession. 3. All actual costs expended by Management, in the event the Tenant raises habitability as a defense is not sustained by the Court. B. COLLECTION ACTION In the event of the filing of a Collection Action, all actual costs expended by Management shall be paid by Tenant as added rent. The above schedule of Attorney's fees shall be deemed additional rent due and owing. 8. WINTER CARE: Tenant is responsible for winter clean up, snow and ice removal on homesite area including but not limited to driveway, patio, and walkway areas. Tenant must use necessary diligence in protecting landlord property, and utilities. Heat tapes shall be checked and plugged in before October 1st or first frost, as freeze-ups may take place and are repairable at the Tenant's own cost. The running of water to prevent pipes from freezing is prohibited. Such action will cause freezing of drain and incur unnecessary costs which will be passed on to the Tenant. 9. INSURANCE: Tenant shall provide his own homeowners insurance coverage for loss due to fire or other casualty, liability, including theft and vandalism, for the mobile home and its contents. Tenant acknowledges the Management has no responsibility for Tenants insurance. The Management has no responsibility for loss or damage to mobile homes. Management requires copy of paid CERTIFICATE OF INSURANCE from the insurance carrier in accordance to the requirements of these rules and regulations. Tenant shall maintain homeowners insurance including comprehensive personal liability insurance (CPL) in a minimum amount of $100, Tenant shall secure insurance coverage to cover the cost of any hazardous waste spill from Tenants fuel tank. This coverage is available from oil delivery dealers. Heating fuel is not permitted to be delivered to the property unless this coverage is in effect on the tank that is being delivered to. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc. at a fee of $30.00 and any and all legal fees and clean up costs incurred will be billed to you as Added Rent. If you are sent a Cease Letter from our Attorney, you will be charged a Cease Letter fee of $ as Added Rent and any and all legal fees incurred will be billed to you as Added Rent. 9A. Appliances in privately owned mobile homes are sold in as is condition upon sale of home. Any repair, maintenance or replacement is the responsibility of the home owner. 10. INSPECTION: The Management reserves the right to access all rented spaces outside and under the mobile home for the purpose of inspection and utility maintenance. However, this clause shall not be construed to create an obligation on the part of the Management to make such inspections or repairs. Whenever reasonably possible, Management shall give advance notice of its intention to enter the premises for repairs, maintenance or inspections. 10A. ACCEPTANCE OF LEASE AND RULES AND REGULATIONS: In acceptance of the Lease Agreement and Rules and Regulations, you accept that the flooring throughout the rental unit and the kitchen and bathroom fixtures are in good working order. If any damage is caused during the tenancy, you will be financially responsible for the repairs. 11. INDEMNIFICATION OF MANAGEMENT: Tenant shall hold harmless and indemnify the Management from and for any and all claims, debts and liability for losses or damage to property or injuries to persons caused by the Tenant, Tenant's family, pets, agents, employees, guests, licensees, invitee, or resulting from the use and occupancy by the Tenant of the leased space or the common facilities. Management shall not be responsible for any damages caused by water, snow or ice coming through or being on the space rented by this lease, any part of the mobile home park or any part of the mobile home. 2

3 12. BUSINESS: No peddling, soliciting, or any form of commercial enterprise will be permitted. 13. IMPROVEMENTS: No awnings, car-ports or other appurtenances may be used other than that approved by Management. ALL improvements must have written permission of Carriage Mobile Homes, Inc. prior to improvements being made as well as all necessary municipal approvals. Township permits are required. Approved permits must be submitted to Management. MUST MEET BOCA CODES and must not change Park Real Estate Tax Base. Failure to obtain proper approvals will result in a fine of two hundred dollars ($200.00) and removal of the unauthorized work at the expense of the tenant. Painting: Prior to painting exterior of mobile home, Management must approve color. Paint samples are to be supplied by the home owner. Exterior of mobile home shall only be painted in neutral colors. No fluorescent colors are permitted. 13A. GENERATORS: Generators are allowed during power outages. A home improvement application, including the specifications must be completed, and approved by Management prior to the installation of the unit. Generators can only be installed by a licensed electrician. 13B. DRIVEWAYS: Park Standards, asphalt/black top driveways should consist of minimum 2 inches stone, minimum 3 inches asphalt compressed. If you should choose to use concrete, the specifications are 4 inches reinforced concrete. 14. SKIRTING: Skirting shall be installed around the house within thirty (30) days after occupancy. Skirting shall be maintained to color match home, be complete to eliminate the chance of animals from entering under the home. The type and style of the skirting must be approved by the Management or his designated Manager. Any skirting that needs repair shall be done within 30 days of notice. If not done, Management has the right to complete work at Tenants expense, and shall be deemed ADDED RENT. 14A. WINDOW COVERINGS: Window coverings must be such as window blinds, shades, curtains or coverings designed for that purpose. Towels, sheets, blankets and newspapers are not permitted. 15. LANDSCAPING: Tenant may arrange his location in a manner he finds attractive as far as lawn, flowers, and shrubs are concerned, but any trees or temporary or permanent concrete or masonry work must be approved beforehand and when approved shall not thereafter be removed without permission. LANDSCAPING REVIEW: NO CHARGE 16. DIGGING: Tenant is cautioned against driving of rods, stakes, pipes, etc. into the ground, or against digging in any area without first checking with the office. The many types of underground installations might be endangered by indiscriminate action. Any damage caused by tenant, shall be repaired at tenants expense. Repairs shall be billed to tenant as added rent. 17. FENCING: Fences are not permitted. 17A. SURVEY: IF A SURVEY IS REQUIRED TO SETTLE A PROPERTY LINE DISPUTE, THE COST OF THE SURVEY WOULD BE SHARED BY THE PARTY OR PARTIES AT FAULT. 18. SIGNS: The Tenant agrees not to erect or display, either on the leased space or on the mobile home, any sign, except for identification, Tenant's name and address, and seasonal decorations, all as approved by Management in writing. 19. HOME FOR SALE SIGNS: Home For Sale signs are limited to one only and may be placed in or on the mobile home. Maximum size of sign is to be 24 X 18. Placing of for sale signs on the lawn is prohibited. Tenant shall notify Landlord when home is placed for sale. 20. STAIRS: No steps will be permitted from the patio into the mobile home other than the type approved by the Management both as to size and design. Steps and patios must meet BOCA codes. Steps are to be constructed of sturdy pre-cast concrete, or shall be pressure treated wooden, aluminum construction, or fiberglass. Concrete blocks are not acceptable. Existing steps must be in good condition and repair, painted, free of rust, and structural defect, proper hand rails, at all times. Copy of approved permit by Township must be submitted to Management. STAIR REVIEW: $30.00 IF FOR ANY REASON MOBILE HOME STEPS ARE A HAZARD, AND TENANT DOES NOT REPAIR SAME, MANAGEMENT HAS THE RIGHT TO DO REPAIR AND BILL TENANT AS ADDED RENT. 21. ADDITIONS: No porches or additions of any kind are permitted without written permission of the Management. Failure to obtain proper written authorization prior to work being done will result in a fine of Two Hundred Dollars ($200.00) and removal of the unauthorized work at the expense of the tenant. Appropriate drawings must be submitted to Management for approval the Tenant agrees to pay for Management's design and professional's review of such plans and specification. A copy of approved permit by Township is to be submitted to the Park Manager. ALSO ADDITIONS FILED WITH TOWNSHIP CANNOT CHANGE TAX BASE. An ADDITION REVIEW of $50.00 may be charged depending on the amount of time the office needs to spend on an application. This fee must be discussed and paid before an application is deemed complete. 22. SHED: The Tenant may install with the Management's approval one (1) storage shed which may not be larger than ten feet (10') by ten feet (10') by eight feet (8') high, the same to be made of painted aluminum and located on the site at the place approved and designated by the Management or his duly authorized Manager. No mobile home site shall have more than one storage shed. Sheds must be free from rust, properly painted and in good condition and repair. Sheds not maintained must be removed from the site at Tenant's expense. Wood sheds are permitted upon special approval from Management. All sheds are to be at least five feet (5 ) from your mobile home and require approval from Management. Approved Town Permit must be submitted to Management. REVIEW: $ AS ADDED RENT. If you do not comply, you will be sent a Cease Letter at a fee of $ If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent, and any and all additional legal fees will be billed as Additional Rent. 23. ANTENNAS: No TV antennas are to be installed without prior approval from Management. Large Dish antennas and C.B. antennas are not permitted. Rental homes or Apartments can only mount a satellite dish to a free standing pole outside the home and on said property only. Satellite dish can not be mounted to any part of the structure of rented home/ apartment. Satellite dish must be approved by management. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc. at a fee of $30.00, AS ADDED RENT, and any and all additional legal fees incurred will be billed to you as Added Rent. If a Cease Letter from our attorney is required, you will be billed a cease letter fee of $ as Added Rent and all additional legal fees incurred will be billed to you as Added Rent. 24. POOLS: No types of swimming pools or wading pools are allowed. Spas may be permitted, with proper insurance and legal installation, all spas shall have permanent cover. The refilling may be subject to a filling fee. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc. at a fee of $30.00, AS ADDED RENT, and any and all additional legal fees incurred will be 3

4 billed to you as Added Rent. If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $100.00, AS ADDED RENT, and any and all additional legal fees will be billed to you as Added Rent. 24A. TRAMPOLINES: No trampolines, any size or shape is allowed on Carriage Mobile Home property. If you do not comply, you will be sent a Cease Letter at a cost of $ if a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent, and any and all additional legal fees will be billed as Additional Rent. 24B. BASKETBALL HOOPS: Permission by Management Required. Owner must request permission for placement of Basketball Hoop. The playing area must be on the homeowner s property, in the rear of the driveway or rear of home. Playing on the public roads is not permitted. If you do not comply, you will be sent a Cease Letter at a cost of $ If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent, and any and all additional legal fees will be billed as Additional Rent. 25. UTILITIES AND SERVICES: The Landlord supplies the SITE and provides a water supply and sewage to the disposal system. The Tenant is responsible for any costs incurred by any waste line stoppage from the mobile home to the sewer main, as well as all water supply from the mobile home to the main water line. Tenant will be responsible as per sections WATER, and SEWERS. Tenant is also responsible for costs of electrical repairs from the mobile home to the meter. NO GENERATORS ARE PERMITTED. Tenant shall maintain no more than one (1) above ground 275 Gallon Oil Tank, must be on legs, mounted on concrete and be free from rust. Tenant shall secure insurance coverage, Pro-Guard, or the like, to cover the cost of any hazardous waste spill from Tenants fuel tank to protect the Landlord s Property. Tenant is responsible for all clean-up costs related to any spillage of fuel on Landlord s property, either from home or automobiles, and all spillage must be removed at once to the Landlord s and Department of Environmental Protection s satisfaction. If you do not comply, you will be sent a Cease Letter at a fee of thirty dollars ($30.00), from Carriage Mobile Homes, Inc., as Added Rent, and all legal fees incurred will be billed to you as Additional Rent. If a Cease letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent, and any and all additional legal fees will be billed as Additional Rent. 26. RECREATIONAL VEHICLES: No type of recreational vehicles, motorcycles, dirt bikes, or "Quads" are to be driven on park property by you or your guests. No motorcycles are permitted without written permission by Management, which can be revoked at any time. No boats, travel trailers, tents or previously mentioned vehicles shall be parked, stored, installed, set-up or hooked-up in any manner. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc. at a fee of $30.00, as Added Rent, and any and all additional legal fees incurred will be billed to you as Added Rent. If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $ as Added Rent and any and all additional legal fees will be billed as Additional Rent. 27. VEHICLES: No commercial vehicles, junk vehicles, uninsured vehicles, unregistered vehicles, non-operating vehicles, nor vehicles not approved to be driven on Public Highways shall be permitted to remain on the lease site or anywhere upon the property of the Management. All tenants must provide copies of vehicle registration and insurance cards for all vehicles at their home as part of their new resident information and annually with their Tenant Information Sheet. We have parking areas for two (2) automobiles per family and any number above this limit must have approval from the Management. Automobiles will be parked only in the areas specified above. They are not to be parked on the streets, lawns or Fire Lanes. Repairing of automobiles will be limited to minor repairs only. Waste oil shall be properly disposed of at a waste oil station. Wrecks, buses and trucks (except panel or pickup trucks) will not be allowed on the premises. All vehicles must be in running condition and will not be allowed to be operated or stored at Park without a valid registration from the State or Federal Government. Operators of said vehicles must have a valid driver's license in his/her possession. No vehicle will be placed on blocks for any repairs. Vehicles not conforming to Park Regulations, or vehicles that do not belong to park residents, will be towed away at the owner's expense. The Management assumes no responsibility for vehicles in park, or loss or damage to mobile homes. If you do not comply, you will be sent a Cease Letter at a fee of thirty dollars ($30.00), from Carriage Mobile Homes, Inc., as Added Rent, and all legal fees incurred will be billed to you as Additional Rent. If a Cease letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent, and any and all additional legal fees will be billed as Additional Rent. 28. BUILDING CODES: Mobile home must pass all building, plumbing and electrical inspections. All homes must be secured from wind forces with "Tie-downs" which comply with applicable building codes. The management reserves the right to inspect all homes and home sites to check full compliance with these rules as a requirement for the home remaining on Park property. The expense of any upgrade required for the home to be in compliance with codes, shall be paid by Tenant. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc., at a fee of $30.00, as Added Rent, and any and all additional legal fees incurred will be billed to you as Added Rent. If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $ as Added Rent and any and all additional legal fees will be billed as Additional Rent. 29. FUEL TANK: Whether above ground or below, no mobile home is permitted to maintain more than one (1) two hundred seventy-five (275) gallon oil tank. Fifty (50) gallon drums are not permitted on property. Tenant is responsible for their own tank or damage caused by leakage. Replacement tanks should be of the E.P.A. approved above ground only must be on legs, mounted on concrete and be free from rust. Only new oil tanks can be installed. All proper permits shall be obtained prior to the removal of a tank. Upon replacement of tank, contaminated soil removal is the sole responsibility of Tenant. Tanks must be checked annually for leakage. Clean up shall take place immediately. Management shall be notified within 24 Hours by telegram of any spill. Tenant shall indemnify and reimburse Management for any expense related to clean up of contaminated soil. Tenant must have Insurance to cover this. Fuel shall not be delivered to the property unless insurance coverage is in effect. If you do not comply, you may be sent a Cease Letter from Carriage Mobile Homes, Inc., at a fee of $30.00, and any and all legal fees incurred will be billed to you as Added Rent. If a Cease Letter from our Attorney is required you will be billed a cease letter fee of $100.00, as Added Rent and any and all additional legal fees will also be billed as Additional Rent. 30. UNDERGROUND TANK: Tenant must replace an underground tank with an above ground new tank only. A permit is required for any and all tank remediation. ABOVE GROUND TANKS SHOULD BE EPA APPROVED, MUST BE ON LEGS, MOUNTED ON CONCRETE, FREE OF RUST. A mobile home is only permitted (1) above ground two hundred seventy-five (275 gallon oil tank. UNDERGROUND TANK MUST BE REMOVED. IT CANNOT BE ABANDONED AND LEFT IN THE GROUND. If tenant does not remove underground tank, the Landlord will have the tank removed and will bill the cost to tenant as ADDITIONAL RENT. Tenant shall secure insurance coverage, Pro-Guard, or the like, to cover the cost of any hazardous waste spill from Tenants fuel tank to protect the Landlord s property. If you do not comply, you will be sent a Cease Letter at a fee from Carriage Mobile Homes, Inc. at a fee of thirty dollars ($30.00), and all additional legal fees incurred will be billed to you as Additional Rent. If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent and any and all additional legal fees will be billed as Additional Rent. 31. NEGLIGENCE: Management is not liable for loss, expense or damage to any person or property unless it is due to Management's active acts of negligence. Tenant must pay for damages suffered and money spent by Management relating to any claim arising from any 4

5 act or neglect of Tenant. Tenant is responsible for all acts Tenant's family, pets, employees, guests and invites against other Tenants, persons and personal property. 32. TITLE: Copy of CERTIFICATE OF TITLE shall be submitted to Management. Tenant shall be person named on CERTIFICATE OF TITLE. When Certificate of Title is transferred, Management must be notified within 30 days and rent will be set at the new rate. If you do not comply, you will be penalized one hundred dollars ($100.00) as Added rent and rent will be retroactive from the date of Title Transfer. If you do not comply, you will be sent a Cease letter from our attorney at a cost of $100.00, as Added Rent, and any and all legal fees incurred will be billed as Additional Rent. 33. MOVING OUT: The Tenant agrees not to move his mobile home out of the park without first receiving clearance from the Management that no monies are presently owed the Management by the Tenant. Tenant shall give Management sixty (60) days written notice of his intention to vacate the Park, upon which notice Management shall make such arrangements with Tenant to cooperate in the removal of the mobile home and accessories including fuel tank from the Park. Any fuel spill from the removal of an oil tank is the financial responsibility of the Tenant. Tenant must have insurance for fuel spill cleanup. Oil tank is not considered a utility service. Tenant shall secure insurance coverage, Pro-Guard, or the like, to cover the cost of any hazardous waste spill from Tenants fuel tank to protect the Landlord s Property. Management shall disconnect all utility services from the mobile home, at the cost of the Tenant, which shall be payable prior to Tenant's departure from the Park. Tenant shall provide Carriage Mobile Homes with a forwarding address 30 days prior to moving out. All fees and rents which may be owing to the Management shall be paid prior to the removal of the home. A two hundred dollar ($200.00) escrow deposit is required. Escrow will be returned after lot is cleaned from all debris. If you do not comply, you will be sent a Cease letter at a cost of $ If a Cease Letter from our Attorney is required, you will be billed a cease letter fee of $100.00, as Added Rent and any and all additional legal fees will be billed as Additional Rent. 34. RELOCATION: Management retains the right to require Tenant to move the mobile home to another site within the mobile home park provided that thirty (30) days written notice is given to the Tenant. 35. SALE: Sale of Mobile Home - Standards Ongoing and Resale Certain reasonable standards, particularly relating to health and safety, have been a continuing requirement at CARRIAGE MOBILE HOMES for many years. The purpose of the following is to state these requirements more specifically and in one particular section of the Rules and Regulations. There are certain minimum standards which a home must meet to remain IN CARRIAGE MOBILE HOMES on an ongoing basis. In addition, certain additional standards must be met for a home to be resold and remain at CARRIAGE MOBILE HOMES. With respect to all homes at the time of contemplated sale, such tenants shall submit written notification of intent to sell. MOBILE HOME SALE STANDARDS: Tenant and/or owner of a Mobile Home currently located at Carriage Mobile Homes, Inc. and built prior to June 15, 1976, may not sell a Mobile Home to a buyer who wishes to have the Mobile Home remain on the property of Carriage Mobile Homes, Inc. unless the Mobile Home is in full compliance with and meets all standards set forth in the HUD mandated design and construction standards, and in the Township, county and state regulations. If the Mobile Home fails to meet said standards it may be sold only to a buyer who removes said Mobile Home from the property of Carriage Mobile Homes, Inc. For units to remain in CARRIAGE MOBILE HOMES whether or not the unit is being sold, the unit must be brought up to Park Standards. The Management reserves a right of first refusal to purchase the mobile home from the Tenant. The selling Tenant must receive a written offer of purchase from any prospective buyer who intends to reside in the mobile home on the leased premises, and a copy of that written offer must be given to the Management. The Management will be given seven (7) days within which to decide whether or not the Management will match the offer and purchase the mobile home from the selling Tenant on the same terms and conditions. If the Management does not respond in writing within seven days then the management has given up its right of first refusal. In the event the Management notifies the Tenant that it is not going to exercise the right of first refusal, then the Tenant may sell the mobile home to the third party, subject to the other terms and conditions of this Paragraph (including Management's approval of the buyer). In the event, however, that subsequent to the Management's rejection of the right of first refusal any of the terms and conditions of the sale change, written verification of the changes must be supplied to the Management's right of first refusal shall apply again to the new terms and conditions. An inspection of the home, setting and lot will be made prior to granting approval for a home to be sold and remain at CARRIAGE MOBILE HOMES. Owner may require as a precondition to allowing the home to remain AT CARRIAGE MOBILE HOMES upon resale, that the Tenant repair, change or modify the home, any utility building, any addition or other improvement, any aspect of the lot which is the Tenant's responsibility to maintain, which does not meet the resale standards set forth below. In the event weather conditions prohibit completion of the required maintenance or modifications, an alternative provision may be made. HOME 1. In assessing the condition of the home, the following factors will be considered: exterior appearance (no rust e.g.), cleanliness and neatness, paint, windows and frames, doors, awnings etc. i.e. factors normally taken into consideration in the appraising of a home. 2. Any porch, deck or enclosure must be in acceptable condition and appearance. 3. The home (including any porch, deck, etc.) shall be completely skirted with material of one color and type with no openings for harborage of animals. 4. All steps and handrails shall be structurally sound and of good appearance. Safety of steps shall be an important consideration. Handrails must be BOCA approved. 5. The home must have an approved anchoring system consisting of frame tie-downs. 6. Skirting shall be of approved vinyl or pre-finished aluminum, installed vertically with a two track system, with vent panels every 12 feet. Skirting must be factory designed for mobile home use only. 7. All utility connections shall be carefully examined to determine that they are operating correctly. If they are not, appropriate modifications shall be made by the resident. Mobile home must pass building and plumbing inspection. 8. Any existing propane tank must be relocated to the rear of the home. 9. The home must have all smoke detectors and fire extinguishers required by all State, County and Local Codes. 10. If there is an existing underground oil tank, it must be removed before a sale can take place. Oil tank must be tested and found free of leaks. Any leaks found are the responsibility of the seller & must be cleaned up prior to sale. Seller must have insurance of 5

6 some type to cover leakage of oil. Above ground oil tanks should be on legs and mounted on concrete. Water Hookup 3/4 inch ball valve on water riser. Minimum ½ inch tubing to mobile home with shut off valve on mobile home. UL approved heating tape with fused plug with wrapping on water riser. Frost proof valve with vacuum break required on home for garden hose hookup. LOT 1. The utility building (shed) shall be in good condition with no evidence of rust, dry rot, holes, etc. The door shall operate properly, tightly closing the opening when shut. The shed shall be no larger then ten feet (10 ) by ten feet (10 ) by eight feet (8 ) high. 2. All walks must be in good condition with grass and weeds removed. 3. Lawns shall be properly mowed and trimmed with no bare spots and weeds shall be removed from around shrubs and trees. All shrubs must be trimmed. 4. Driveways shall be in good repair and coated if oil or grease stains are visible. 5. Existing clothesline shall be removed prior to a resale being approved. This does not apply to umbrella type clotheslines. 6. Curbing shall be clean and free of weeds. All vegetable gardens and fences must be removed and ground reseeded. 7. The grounds shall be neat and free of junk, debris and animal droppings. FOR SALE SIGNS Only one (1) For Sale sign is permitted. For Sale sign is not to exceed twenty-four inches by eighteen inches (24 x 18 ). Sign must be inside of window in home, not on lawn. No home made signs allowed. New Residents:. The Tenant is responsible to bring all prospective buyers to the office. They are to meet with the Management or his designated agent. Any person convicted of a Felony cannot be a resident of Carriage Mobile Homes, Inc. They are to have application for tenancy completed, notarized and a copy returned to the office. The prospective tenant shall complete a financial disclosure form which will be supplied by the Management, at a personal interview which shall be conducted by the Landlord or his designated representative. NO PROSPECTIVE TENANT WILL BE PERMITTED OCCUPANCY THAT DOES NOT HAVE A MINIMUM ESTABLISHED CREDIT SCORE OF FIVE HUNDRED AND FIFTY (550). The prospective Tenant shall authorize the Management to secure any and all information from references supplied, creditors past or present banks and financial reporting agencies with a view toward determining the financial ability of the prospective Tenant to meet his obligations. Credit report and proof of income (pay slips, letter from previous landlord, etc.) satisfactory to Carriage Mobile Homes is necessary before application may be approved. The Management shall review any pertinent tenancy, and shall have twenty (20) days within which to determine the qualifications for tenancy of the applicant. A copy of contract between lending agent (bank) and buyer is to be submitted to the Park Manager before the sale takes place and, if approved, a copy of the Certificate of Title after the sale is to be submitted to the Park Manager. One who occupies the mobile home must be the owner. Initial Application Fee of seventy-five dollars ($75.00) plus fifteen dollars ($15.00) additional for each family member applicant, which is non refundable. Non family applicant is forty dollars ($40.00) each additional and non refundable. Upon acceptance of tenancy the following is required prior to move-in: a. One Hundred and Twenty-five dollar ($125.00) non-refundable charge will be made for registration. b. Copies of Drivers Licenses of all drivers in household. c. Copies of Social Security cards of all occupants. d. Tenant Information sheet is required yearly. e. Copies of vehicle registrations and insurance cards required yearly f. Copies of Current Pet License(s) and Current Pet(s) Inoculation Forms required yearly. g. Copies of Homeowner s Insurance/oil tank insurance required yearly.. A copy of contract between agent (bank) and buyer is to be submitted to the Management before the sale takes place and, if approved, a copy of the Certificate of Title after the sale is to be submitted to the Management. One who occupies the mobile home must be the owner. On all private sales, upon approval of Prospective Buyer, there will be a fee due Carriage Mobile Homes, Inc. of three hundred dollars ($300.00) payable by tenant selling his/her Mobile Home. Commission - Upon request, the Management will undertake to find a qualified buyer for a selling Tenant and arrange financing, where possible, for a negotiated fee. Attorney Upon request, Management handles the closing of your unit and closing does not take place through no fault of Management, tenant is liable for actual legal fees incurred by Management. Fees will be billed to tenant as Additional Rent. 36. COMPLAINTS: MANAGEMENT SHALL ATTEMPT TO DEAL PROMPTLY WITH ALL COMPLAINTS. WE REQUIRE THEY BE IN WRITING, SIGNED, DATED AND SUBMITTED BY REGISTERED MAIL. 37. OFFICE HOURS AT LAFAYETTE, NEW JERSEY, WILL BE FROM 9 AM TO 5 PM, MONDAY THROUGH FRIDAY, SATURDAY BY APPOINTMENT ONLY. SUBJECT TO CHANGE. IN CASE OF EMERGENCY CALL AND YOU WILL BE CONNECTED TO OUR ANSWERING SERVICE. 38. RESERVED 39. GARAGE SALES: Garage sales will be limited to two dates during the year. Spring - weekend following Memorial day (rain date, following weekend); and Fall - weekend following Labor day (rain date, following weekend). Items for sale SHALL only be displayed on those dates. OCCUPANTS 1. Occupancy shall be limited to the Tenant, those approved by Management. When permitted by rent ordinance, the Management reserves the right to limit the number of persons who reside in each mobile home. Rent agreed to is based upon one (1) or two (2) persons. Owner of a unit at Carriage Mobile Home Park must be a resident of the park. No children under the age of five years old are to be left unattended without adult supervision. Any person convicted of a Felony can not be a resident of Carriage Mobile Home Park. If while living as a resident or guest in Carriage Mobile Home Park you are convicted of a felony, you are subject to eviction. 6

7 Only persons who are registered shall be permitted residence in the mobile home. Registered persons shall either be "Approved Resident" or "Approved Guest". Management must be notified within ten (10) days of the birth of any child or the addition of any occupant. Any request for change must be by certified mail. If you do not comply you will be sent a Cease Letter at a cost of $30.00, as added rent, and all additional legal fees incurred will be billed to you as Additional Rent. If a Cease Letter is required from our Attorney, you will be billed a Cease Letter fee of $100.00, as Added Rent, and all additional legal fees will be billed to you as Additional Rent. 2. "Approved Resident" is either the owner of the said mobile home or married to the owner; children of the owner must be registered with the office (legal proof of relationship may be required). Children moving in with owner parents not previously registered must register with office and pay registration fee of $ per registrant. Children of the owner/parent must have a credit and criminal check at your own expense prior to approval for residence, criminal check must be clean. Minor residents who turn 18 years of age are subject to credit and criminal check at their own expense. Owner of a unit at Carriage Mobile Homes, Inc. must be a resident of the park. No person can be listed on the tenant information sheet if he/she does not reside at Carriage Mobile Home Park. Any person convicted of a felony cannot be a resident of Carriage Mobile Homes, Inc. If while living as a resident or guest in Carriage Mobile Homes, Inc. you are convicted of a felony, you are subject to eviction. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc., at a fee of thirty dollars ($30.00), as Added Rent, and all additional legal fees incurred will be billed to you as Additional Rent. If a Cease Letter is required from our Attorney, you will be billed a Cease Letter fee of $100.00, as Added Rent, and all additional legal fees will be billed to you as Additional Rent. Credit Score of 550 or higher is required. 3. "Approved Guest/s" are those persons who are not originally registered, were not Approved Residents and have registered within the 72 hours (3 days in any given month) limit. A registration fee of one hundred and twenty five ($125.00) and a one hundred dollar ($100.00) fee per month per guest, must be paid in advance for each Approved Guest. Guests staying longer than seventy-two (72) hours three days (3) must have a Criminal Background check and credit check done and shall be paid for in advance by Tenant. Any person convicted of a felony can not be a resident of the Park. If while living as a resident or guest in Carriage Mobile Home Park you are convicted of a Felony, you are subject to eviction. If a non-approved Guest/s is determined to reside in a home, legal action will follow, which may lead to increase in rent, or possible eviction. Any person convicted of a felony cannot be a guest in Carriage Mobile Homes, Inc. Where the Management is compelled to incur any expenses, attorney's fees to institute, prosecute or defend such action, all expenses will be paid by the Tenant. Credit Score of 550 or higher is required. 4. PETS: NO TENANT CAN ACQUIRE A PET BEFORE MANAGEMENT GIVES PERMISSION. No dogs, cats, birds or rabbits are to be maintained by any resident without permission of the Management in writing. Only pre-approved animals are permitted to be housed in any Carriage unit. This means no boarding of non-approved animals. IF IT COMES TO MANAGEMENT'S ATTENTION THAT AN UN-APPROVED PET IS RESIDING IN YOUR HOME, CARRIAGE WILL CHARGE YOU A PENALTY OF ONE HUNDRED DOLLARS ($100.00) AS ADDED RENT. Pets are to be on a leash at all times. At no time are pets allowed to run loose and are only allowed to relieve themselves on the Home Owners Property. Such permission may be revoked at any time. Tenant agrees to complete, sign and abide by rules stated in Pet Agreement. The Pet owner is responsible for any damages incurred by the landlord or any other tenant by any acts of pet. NO VICIOUS BREEDS PERMITTED AT ANY TIME. NO PET IS PERMITTED IN THE PARK THAT IS ABOVE 30 LBS. PETS LIMITED TO TWO (2) PER HOUSEHOLD. If a pet passes away, you must advise the Office. You cannot replace a pet unless you receive approval by Management. NO TENANT WHO NOW HAS PERMISSION TO KEEP A LARGE DOG(S) WILL HAVE PERMISSION TO REPLACE A LARGE DOG(S) WITH ANOTHER LARGE DOG(S) OR VICIOUS BREED DOG(S). If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 5. Tenant shall not assign, sublet, rent rooms out, or permit home site to be used to conduct any business purpose. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 6. Tenant is responsible for the conduct of his/her family, pets, guests or employees. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. SAFETY 1. All posted speed limits and parking signs, etc., must be observed at all times. Violations will result in the vehicles and offenders being evicted. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 2. Speed limit within the park is 15 miles per hour. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 3. All cars must be parked in the driveways. No parking of cars in the roadways is permitted. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 4. No trucks, motorcycles or dirt bikes are allowed in the park without permission of Management. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 5. The mobile home park is maintained as private enterprise; its streets are private and not public thoroughfares. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 7

8 6. Any mobile home uninhabitable in the event of fire or other damage shall be secured, and site shall be protected from trespassers Home shall commence to being repaired or removed from the site: no later than Thirty (30) days from the time of occurrence of damage. In the event that this is not complied with, the Tenant authorizes the Management to remove damaged mobile home from said site and Tenant will be charged the cost of moving the mobile home and any other expenses incurred. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 7. Smoke Detectors should be installed and checked monthly to be sure they are in good working order. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 8. Fire extinguishers are required to be in each home Type ABC 5 Lb. minimum. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 9. Tenant will not keep anything on site which is dangerous, flammable, and explosive or might increase the danger of fire or any other hazard. NO FIREWORKS AND NO FIRE PITS ALLOWED. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 10. Uninhabited homes or abandoned homes must be removed from Carriage Mobile Home Park (30) thirty days from the time the unit is unoccupied. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. You are liable for all expenses involved in removing the home from Carriage Mobile Home Park property, which at a minimum is two thousand dollars ($2,000.00). This does not include cost of getting a Certificate of Title or any legal fees that may be incurred. That is the cost for the removal of the unit from the park only. All legal fees incurred will be billed to you as Added Rent. 11. Any home that does not meet Building Codes must leave the Park. Tenant and/or owner of a mobile home currently located at Carriage Mobile Home Park may not sell a mobile home to a buyer who wishes to have the mobile home remain on the property of Carriage Mobile Home Park unless the mobile home is in full compliance with and meets all the standards set forth in the HUD-MANDATED design and construction standards in the Township/County and State regulations. If the mobile home fails to meet said standards, it may be sold to a buyer who removes said mobile home from Park property. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 12. Portable electric ceramic heaters are allowed for emergency use only. 13. Prior to signing a new lease, an annual inspection will be conducted of all Rental Units. 14. Tenant may not supply/share electricity to another tenant s home/apartment as this is a fire hazard and is cause for eviction. 15. Low lying branches are the responsibility of the homeowner tenant or the rental tenant to trim. 16. SNOW REMOVAL All tenants including homeowners and rentals are responsible for snow removal of their own property. This includes steps, driveway and walkway. 17. CHANGING OF LOCKS: If a tenant of any rental property at Carriage Mobile Home Park changes the locks on any door(s) in the rental unit, a duplicate copy of the key(s) must be given to the manager of the Park at that time. NUISANCES 1. The only clotheslines permitted shall be a folding umbrella type. No hanging of laundry on Sundays or holidays will be permitted. No mops or dust brooms will be permitted to hang clotheslines at any time. No post-to-post or tree-to-tree line is permitted at any time. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 2. RESERVED 3. If you have obtained permission to keep a pet, it must be kept on a leash. The pet is not to be kept outside the mobile home unit, i.e., no pet may be kept outside the unit fastened to a stake, tree, etc., by a leash, rope or other device. Pets must be walked on a leash no longer than six feet in length. Pet(s) at no time are allowed to run loose. You may not board any pet that has not been approved by Management. Copies of Dog License(s) and Inoculation forms for ALL PETS are to be provided yearly. All Dogs shall be licensed. Pets shall be allowed to relieve themselves only on their owner's lot; animal waste must be picked up and placed in a garbage container. Noisy or unruly pets that cause complaints will not be allowed to remain in the Community. Cats are not permitted to roam. If you do not comply, you will be sent a Cease Letter from Carriage Mobile Homes, Inc. at a fee of $30.00, as Added Rent, and any and all additional legal fees incurred will be billed to you as Added Rent. If a Cease Letter is required from our Attorney, you will be billed a Cease Letter fee of $100.00, as Added Rent, and all legal fees incurred will be billed to you as Added Rent. 4. Tenants are responsible for the behavior of children, pets and guests. Children will not be permitted to roam throughout the park or on any other resident's lot. Any damage to park property or other tenant s personal property shall be repaired at tenant s expense. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees incurred as Added Rent. 5. Disturbing noises are not permitted at any time, and quiet is required between 10:00 PM and 8:00 AM.. If you do not comply, you will be sent a Cease Letter at a cost of $30.00, as Added Rent plus any and all legal fees incurred as Added Rent. If a Cease Letter from our Attorney is required, you will be charged a Cease Letter Fee of $ plus any and all additional legal fees 8